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According to the latest forecast from the National Supply Company (Conab), released on January 15, the total production of agricultural crops in Brazil in the 2025/26 MY, despite minor fluctuations in individual crops, remains at a record level. Thus, the area sown with 16 main agricultural crops will increase by 2.1 million hectares to 83.9 million hectares compared to the previous season, and their yield will increase by 987 thousand tons to 353.1 million tons. In particular, the area...

Canadian Prime Minister Mark Carney, during his visit to China last week, agreed to reduce tariffs on Canadian canola, effective from August 2025, from 75.8% to 15%. Carney said the new tariffs will remain in place until at least the end of the year, and that increased tariffs on Canadian canola meal will also be suspended.   The tariff reduction will restore Canadian canola exports to China and support producers and exporters who have been looking for new markets amid the...

Weighted average procurement prices for grains and oilseeds in Ukraine under CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF terms           Procurement Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat...

The European Union and the South American economic bloc Mercosur (Argentina, Brazil, Paraguay, Uruguay, Bolivia and associate members Chile, Peru, Colombia, Ecuador, Suriname, Guyana) have finally signed a Partnership Agreement, as well as an Interim Trade Agreement, after more than 25 years of negotiations, the European Commission announced.   "Today, two like-minded regions are opening a new page of opportunities for over 700 million citizens. With this mutually beneficial...

As of January 15, Ukraine harvested 59 million tons of grains and legumes, as well as 17.4 million tons of oilseeds (including soybeans).   The corn harvest amounted to 28.9 million tons (+200 thousand tons per week). Crops remain unharvested mainly in the northern and central regions, where yields are higher than average, which could add another 1.5-2 million tons to the final result.   During January 1-15, agricultural exports amounted to 2.6 million tons (compared to...

During September-December 2025, Ukraine reduced soybean supplies to Egypt by 6 times compared to the corresponding period in 2024, from 246 to 38 thousand tons, which is 12 thousand tons less than the similar indicator of the 2023/24 MY, although Egypt is one of the three main sales markets (along with the EU and Turkey) for Ukrainian soybeans.   The decrease in supplies is due to a reduced harvest and export duty, but experts emphasize that for the second season in a row, American...

According to a new forecast from the International Olive Council (IOC), a significant shift in power among the world's largest olive oil producers will occur in the 2025/2026 MY.   Spain will remain the unchanging leader of the world ranking, while Tunisia will take second place, bypassing such traditional leaders as Turkey, Greece and Italy.   According to the IRO forecast, in the 2025/26 MY, global olive oil production will decrease by 4% compared to the previous...

Weighted average procurement prices for grains and oilseeds in Ukraine under CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF terms           Procurement Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat...